Financial Investment Accountant
Public Employees Retirement System
Location
Sacramento County, CA | United States
Job description
Job Description and Duties
A Statement of Qualifications (SOQ) is required for this position. Applications received without the SOQ will not be considered. Please scroll down to special requirements to see details.
Anticipated Interview Dates: In person interviews are anticipated to be held between March 25-29, 2024.
Telework Information: This position is eligible for hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
CalPERS seeks a Financial Accountant II, Specialist in the Financial Reporting and Accounting Services Division.
Under the general direction of the Financial Accountant IV, the Financial Accountant II (Specialist) leads and creates Total Fund Performance Reporting in compliance with Global Investment Performance Standards (GIPS). Performs complex performance calculations for the Total Fund Investment Portfolio, which contributes to the overall value of the Public Employees’ Retirement Fund (PERF). Responsible for the Governmental Accounting Standards Board (GASB) reporting and GIPS compliance related to investment items and performance. Reviews investment transactions to determine conformity with GASB and GIPS compliance and reporting requirements for each type of transaction; researches industry impacts to GASB related changes ensuring information is accurate; and, presents the findings and recommendations to the FA IV. Collaborates with the Investment Office (INVO) on necessary GASB and GIPS reporting, accounting requirements and developing solutions for gathering the data and reporting errors for review of new transactional data. Leads and provides oversight of investment related data within the Annual Comprehensive Financial Report (ACFR) and quarterly financial statements to the Finance and Administration Committee. Participates in FINO-wide projects and cross-asset teams to help achieve division goals and objectives.
SPECIAL REQUEST Education Documents: Please include a copy of your transcript(s) and/or college degree that demonstrates your ability to meet the minimum education requirements.
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Special Requirements
Statement of Qualifications
Please provide a Statement of Qualifications (SOQ) for the hiring manager’s review. Applications received without an SOQ or those that do not respond to the specific statements below will not be considered.
The SOQ must be typed, titled “Statement of Qualifications”, and each statement must be numbered and answered listing all relevant experience, education, and training, including places of employment, dates, and duties performed.
The SOQ must not exceed two pages in length and must not have font smaller than 12 point and address the following:
- Based on your understanding of the Duty Statement, describe your investment knowledge, skills, and experience highlighting any specific experience you possess that would make you the ideal candidate for this position.
- Describe your experience in researching Governmental Accounting Standards Board (GASB) pronouncements and presenting recommendations to management for new or streamlined processes.
- Describe your experience in analyzing investment accounting transactions, performing complex performance calculations, and producing investment related financial reports and audited financial statements.
Minimum Qualifications
All experience and education relating to the Minimum Qualifications (MQs) listed on the Classification Specification should be included in your application package to clearly demonstrate how you meet the MQs for this position. If you are using education to meet MQs, please include your transcripts with your application package. If selected, official transcripts will be required prior to job offer. The Classification Specification is located on this Job Posting under "Minimum Requirements."
Please Note: You may need to pass an examination to establish list eligibility prior to a final offer of employment. To find and take an exam, visit CalHR’s CalCareers website .
Desirable Qualifications
In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:
- Knowledge of GAAP, GASB and GIPS accounting and reporting requirements
- Ability to gather and analyze a wide variety of investment, financial, and statistical data for the preparation of various monthly financial reports, quarterly full-accrual financial statements, and the annual audited financial statements
- Ability to analyze and perform complex performance calculations for all accounting activities related to public and private market investments
- Excellent oral and written communication skills
- Demonstrates a high degree of independence, initiative, and responsibility in successfully performing the assigned job duties
Benefits
CalPERS team members are eligible for a number of benefits. Health benefits and leave programs are available for most team members. Benefit eligibility may depend on length of service and collective bargaining agreements.
Some added benefits CalPERS offers include:
- Alternate Work Schedules
- Flexible Work Hours
- Onsite childcare facility
- Onsite fitness center
- Onsite café and nearby restaurants
- Free onsite parking available Mondays and Fridays, subject to change
- Free offsite parking available with shuttle service Tuesdays, Wednesdays and Thursdays
Benefit information can be found on the CalHR website and the CalPERS website.
Additional Information
Live Scan
Candidates not currently employed at CalPERS are required to submit to a criminal history review process utilizing Live Scan fingerprinting.
CalPERS Disclosure Requirements If employed, you may be subject to rules imposed by Personal Trading Regulations and Conflict of Interest Code that apply to CalPERS team members, which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700)
Please do not include any confidential information on any documents in your application package. Confidential information that should be excluded or removed from these documents include, but is not limited to, your social security number, date of birth, marital status, personal photos, a copy of your driver’s license, equal employment opportunity data, examination scores, and LEAP status.
Sponsorship This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for a visa sponsorship now or in the future.
Required Application Package Documents
The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:
- Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at
All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
- Resume is optional. It may be included, but is not required.
- Statement of Qualifications - In addition to completing your online job application, you must provide a Statement of Qualifications (SOQ) for the hiring manager’s review. Please see the Special Requirements section for instructions and questions for the SOQ. Applications received without an SOQ will not be considered. If you are having issues submitting this required document please contact [email protected] before the Final Filing Date for technical assistance.
Job tags
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